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stock technical analysis in r

Stock Technical Analysis -Why The Support and Resistance Important?

Stock Technical Analysis -Why The Support and Resistance Important?Identifying the support and resistance points is the best technique to determine the goal price. Support and resistance (S&R) are price areas on a chart that are likely to attract the most buying or selling activity. The support price is the price at which more buyers than sellers are expected.

Stock Technical Analysis – Why Volumes are important?

Stock Technical Analysis Why Volumes are important?The number of shares acquired and sold in a certain period of time is referred to as volume. The larger the volume, the more active the stock is. People mistakenly believe that the volume count is 200 for 100 buys + 100 sells , which is not the case. It is only 100